96 Gardens Road Richlands QLD 4077
- Shop & Retail
- 883 m²
- For Sale, Contact Agents (under offer)
INVESTMENT WITH NEW 15 YEAR LEASE TO NATIONAL CHILD CARE OPERATOR
- Fully leased to leading child care
- Generous 15 years lease
- Brand new purpose built facility
CBRE Queensland Retail Investment & Australian Healthcare and Social Infrastructure team is delighted to offer for sale a high class strategically located child care centre. A unique opportunity to secure a state of the art child care centre and premium investment opportunity upon a substantial corner landholding.
Fully leased to leading child care operator GREEN LEAVES with 38 centres nationally and growing.
Net income of $398,496p.a* with fixed annual 3.5% rental increases.
Generous 15 years lease with options to 2049.
Significant corner landholding of 2,500sqm and building area of 883sqm*
Brand new purpose built facility with strong depreciation benefits.
Licensed for 120 long day care places
Located in high growth municipality, a population growth of 73%^
Investor favoured triple net lease seeing all outgoings paid by the tenant
Offered For Sale via INTERNATIONAL EXPRESSIONS OF INTEREST CAMPAIGN CLOSING THURSDAY 29 OCT 2020 AT 3PM.
^ Between 2011-2016
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